
Industrials / Materials · BSE
Suich Industries Limited, incorporated in 2008 and based in Delhi, is engaged in assembling and marketing feature and smart phones, batteries, chargers, power banks, LED TVs, and smart TVs under the Suich brand. The company imports equipment and assembly parts from China and assembles products at its Haridwar manufacturing unit in SIIDCUL. Recently, Suich Industries has entered the export business and is involved in trading finished products between manufacturers and distributors on demand. It operates a wholly owned subsidiary, Blue Wave Trading H.K. Ltd, to procure raw materials and has established an R&D center to expand its product portfolio.
Price Band
₹73 – ₹75
Issue Size
₹31.00 Cr
Lot Size
1600 shares
GMP
Est. Listing
₹75
at current GMP
Subscribed
—
Open
30 May 2019
Close
4 Jun 2019
Allotment
10 Jun 2019
Refund
11 Jun 2019
Demat Credit
12 Jun 2019
Listing
13 Jun 2019
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 2,066,667 | — | 0.00x |
| Non-Institutional (NII / HNI) | 620,000 | — | 0.00x |
| Retail Individual (RII) | 1,446,667 | — | 0.00x |
| Total | 4,133,334 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 904 | 904 | 1.00x |
| HNIs (10L +) | 6 | 6 | 1.00x |
| HNIs (2-10L) | 28 | 28 | 1.00x |
| Total Applications | 938 | 938 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Suich Industries Limited is bringing an initial public offering (IPO) in the Industrials / Materials sector with an aggregate issue size of ₹31 Crores. The shares are offered at a price band of ₹73 to ₹75 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-06-12, while un-allotted funds or UPI block mandates will be released on 2019-06-11.
Currently, Suich Industries Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹73 to ₹75 per equity share.
The retail lot size is 1600 shares requiring a minimum application amount of ₹1,20,000. Expected listing price is ₹75 per equity share.
The Suich Industries Limited IPO aggregate issue size is ₹31 Crores with an equity price band set at ₹73 to ₹75 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2019-06-10. Investors can verify status using PAN card or application number.
Suich Industries Limited shares are scheduled to list on BSE on 2019-06-13.